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Ahead of the Union Budget on Saturday, FM Arun Jaitley tables Economic Survey 2015 report; economic growth in India seen at 8.5 pct in 2015-16 – indicating scope for big bang reforms.
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Economic Survey: WPI food inflation falls to 4.8% during April-December, 2014 after a high of 9.4% in 2013-14.
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Economic Survey: Growth rate of over 8 % expected for the coming year.
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Economic Survey: Fiscal, revenue & primary deficits show a declining trend.
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Economic Survey: Inflation shows a declining trend during the year 2014-15 (April-December).
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Economic Survey: Foodgrain output in 2014-15 at 257.07 million tons will exceed the average production of last 5 years by 8.5 million tons.
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Economic Survey: External Sector is returning to the path of strength and resilience.
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Economic Survey: There's political mandate for reform & benign external env now. Forex reserves going up.
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